China pledges $123 million loan to Nepal for economic productivity
Constant 2017 USD
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This project is classified as an "umbrella" project, and is connected to related projects.
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Unallocated/unspecified (Code: 998)
On July 2007, China pledged a 123 million USD (8 billion Rs) subsidized loan to Nepal for industrial and economic productivity. The pledge was made between Chinese Assistant Commerce Minister Wang Chao and Nepali Finance Minister Ram Sharan Mahat. Dr Mahat welcomed the gesture, but added that Nepal has not yet decided whether to accept the Chinese offer.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Nepali Ministry of Commerce [Government Agency]